National Association of Home Builders (NAHB)

What it reported doing in 2024

Advocacy: advocacy on behalf of members, the housing industry and housing consumers is one of nahb's most important activities.as the nation's leading housing advocate, nahb strives to promote policies that will keep housing a national priority. In particular, the association works to enhance the business climate for housing and home building and to ensure that all consumers have access to the housing of their choice. Nahb achieves these important goals by actively participating in the legislative process and working with lawmakers to enact legislation that promotes housing and serves members' interests. Nahb works with regulatory agencies and construction code organizations to ensure that policies and regulations are implemented appropriately, and reflect the vital role of housing in the national economy. These efforts aim to prevent unnecessary increases in the cost of producing or purchasing new homes.additionally, nahb's litigation program promotes nahb's and its members' interests in both federal and state courts. Nahb's legal advocacy group challenges regulatory agencies to justify their rules, regulations, and policies in state and federal courts. These legal efforts often yield positive results in the form of court victories or settlements favorable to nahb and the industry.these efforts help consumers by increasing the supply and reducing the cost of housing.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: Scored; rating input score 0
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 91%; rating input score 91; 39th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.7%; rating input score 35; 35th percentile among comparable filings
• Total-asset coverage ratio: 1.74; rating input score 58; 58th percentile among comparable filings
• Liabilities to assets ratio: 0.77; rating input score 18; 18th percentile among comparable filings
• Officer compensation ratio: 10%; rating input score 3; 3rd percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: Limited
• Asset growth: Limited